A Quote by Kevin O'Leary
I'm ashamed of what has happened to Canada. And I'm not leaving a $1.5 trillion deficit to my kids. No chance in hell is that happening.
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Imagine bringing Canada into a trillion-and-a-half of deficit. That's insane.
It is my view that what is important is cutting government spending, however spending is financed. A so-called deficit is a disguised and hidden form of taxation. The real burden on the public is what government spends (and mandates others to spend). As I have said repeatedly, I would rather have government spend one trillion dollars with a deficit of a half a trillion than have government spend two trillion dollars with no deficit.
President Obama inherited a one trillion dollar deficit courtesy of George Bush and turned it into a three trillion dollar deficit courtesy of Karl Marx!
When you look what is happening in this country with the debt, the deficit, the CBO coming out and saying once again we're going to have a trillion dollar plus deficit in 2012, the fourth straight year, and unemployment may be going back up to 8.9 or maybe nine percent by the end of the year, these are serious situations that are going.
Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as 'deficits as far as the eye can see.' But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?
When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it.
What is the biggest public forum in the United States? We were told it's the Super Bowl. The ad shows kids working at blue-collar jobs, and the final statement is just written text: Who's going to pay for the trillion dollar deficit?
When President Bush left office, the deficit was approximately $500 billion. It is now approximately now $1.5 trillion. In other words, President Obama has essentially tripled the deficit.
President Bush, yes, spent money like a drunken sailor, and left the nation with a record $400-billion deficit. President Obama, however, is spending far more money than Bush, with a record $1.8 trillion deficit projected for his first year.
He never believed in fate or providence, or the future being made by someone in the sky. Instead, at every instant, a trillion trillion possible futures; the pickiness of pure chance and physical laws seemed like freedom from the scheming of a gloomy god.
The more people come out, the less it will be an issue. Of we are ashamed of ourselves, how the hell can we expect the rest of the world not to be ashamed of us?
When you're talking about long-term deficit reduction, $4 trillion worth, entitlement reform needs to be part of it.
I'm not ashamed of being successful. You know, they criticized Romney for being ashamed of it. I think we've got to inspire our kids that we shouldn't be ashamed to be successful.
We're in a very Orwellian situation where when we - we've slashed defense. And we've raised taxes. And we consider $600 billion annual deficit success because it's not $1 trillion.
Kids cannot follow stories. They don't know what the hell is going on in a cartoon. They like to see funny visual things happening.
Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.
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